Police take just 2 days to recover $40M stolen in business email scam
ID: f117b891-4664-5b36-8715-65487b17d708
STIX ID: report--f117b891-4664-5b36-8715-65487b17d708
Feed Name: The Register (Security)
Threat Score
Interpol assisted a Singaporean commodity firm that lost $42.3M in a business email compromise where attackers slightly misspelled a supplier email to redirect payment to an account in Timor-Leste; law enforcement intercepted $39M, recovered an additional $2M, and arrested seven suspects, highlighting the high financial impact of BEC and the importance of rapid cross-border cooperation.
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